Michiana Showcase 201 - April 2019 | Page 27

4 miles west of Nappanee, IN on US 6 OR 4 miles east of Bremen, IN at 1415 US 6 • Nappanee, IN 46550 Tuesday, April 16, 2019 • 6:00 pm Close to New Paris, Syracuse, Milford and Goshen 2.25 ACRE INVESTMENT PROPERTY Bremen Schools REAL ESTATE TERMS & CONDITIONS DOWN PAYMENT: 10% down payment on the day of the auction with the balance in cash at closing. The down payment may be made in the form of cash, cashier’s check, personal check or corporate check. Your bidding is not conditional upon financ- ing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. Any announcements made day of sale take prece- dence over printed matter. ACCEPTANCE OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to approval by the Sellers. AUCTIONEER NOTE: Your bidding is not conditional upon financing, so be sure you have arranged financing if needed. For more information on financ- ing or inspection, contact Hahn Auctioneers, Inc. Owner: RWDM, LLC HAHN 4 HahnAuctioneers.com Phil Hahn - (574) 535-3783 IN Lic. #AU01012967 Brian Wuthrich (574) 268-4940 - Milford, IN Office (574) 773-8445 Nappanee, IN AC39800021 Jason Hahn (574) 536-7682 Clint Cripe (574) 354-8006 The Farmer’s Exchange, New Paris, IN • www.farmers-exchange.net My doctor gave me six months to live, but when I couldn’t pay the bill he gave me six months more. ~ Walter Matthau HO General Information: What an opportunity to make money. This approx. 2.25 acre property has a very large 6 bedroom approx. 2600 sq. ft 2-story house, com- mercial building and commercial signage. The house has been completely gone over with new flooring and fresh paint. There are 6 nice-sized bedrooms, 3 full baths, large kitchen with a lot of OPEN HOUSE cabinets and dishwasher. There is a very large basement and it has a good roof and maintenance-free 1 ril Monday, Ap siding. This house is not rented and nobody lives in it at this time but this would be a $850-$900 per month rental. It is big and it is 4:00 - 6:00 pm nice. There is ample parking and the yard is large. The commercial building is being used for light assembly / food preparation. It rents for $1,250 per month with the renter paying utilities. Also there is a commercial sign that rents for $1,100 per year. The total income that could be realized here per month is $2,240 or $26,880 per year. Inspect this property and be a bidder here. You may want to live in the house and rent the rest. TAXES: 2017 due 2018 was approximately $1,929.65. REAL ESTATE AUCTION Country Investment / Commercial Property